Watsco Reports Sales Growth Despite Soft HVAC Market
Watsco's 2023 follows two years of record-setting performances and faces softer comparative market conditions.
Watsco Reports Sales Growth Despite Soft HVAC Market Read More »
Watsco's 2023 follows two years of record-setting performances and faces softer comparative market conditions.
Watsco Reports Sales Growth Despite Soft HVAC Market Read More »
For 3Q 2023, the company also reported a 9% increase in operating income to a record $257 million.
Watsco 3Q Sales Grow 4% to Record $2.13B Read More »
Gateway has annual sales of approximately $180 million and serves approximately 4,000 customers from 15 locations.
Watsco Acquires Gateway Supply for $103M Read More »
Watsco's second-quarter sales were impacted by a wide-ranging regulatory requirement that took effect on Jan. 1.
Watsco Cites Regulation-Driven Snarls as 2Q Sales Fall 6% Read More »
The company reported a 2% increase in sales over the same quarter in 2022 to a 'record' $1.55 billion.
Watsco Sees Slower Sales and Margin Growth in 1Q Read More »
Watsco's impressive fourth quarter followed a record-breaking third quarter.
Watsco Reports Record $7.27B Sales in 2022 Read More »
Mike Hockett analyzes the noticeably different levels of optimism in the commentary given by industrial distributors Fastenal and Motion in their third-quarter earnings calls.
Fastenal, Motion Voice Different Tones for 2023 Market Outlook Read More »
The companies reported strong third-quarter figures, with Watsco and Pool Corp breaking sales records and Snap-On topping $1.1 billion.
3Q Earnings Roundup: Watsco, Snap-On, Pool Corp Read More »
Watsco reported a profit margin of 27.9% from their sales of $2.13 billion compared to last year’s $1.85 billion.
Watsco 2Q Sales Top $2B Read More »
Miami-based HVACR distributor Watsco Inc. reported 34% sales growth to a record $1.52 billion for the first three months of 2022.
Watsco 1Q Sales Rise 34% Read More »
Watsco reported a 31% jump in EPS to a record $3.62 and a 16% sales growth to $1.78 billion in 3Q 2021.
Watsco Sales Jump in ‘Record’ 3Q Read More »
The HVACR distributor is on the hunt for businesses to buy, and on its latest earnings call, the CEO outlined why the company would be a good partner for anyone looking to sell.
Watsco CEO to Independent Distributors: ‘This is a Time to Sell’ Read More »
Year-to-date sales grow 26.3% from same period in 2020 as company delivers a “blowout” quarter, said the distributor’s CEO.
Watsco Sales Jump 36.5% in 2Q Read More »
Miami-based Watsco has added Acme Refrigeration, whose 2020 revenues were $60 million, to its portfolio.
Watsco Acquires Louisiana HVACR Distributor Read More »
Watsco's HVAC equipment sales increased 14% in the quarter, other HVAC products increased 11% and commercial refrigeration equipment increased 10%.
Watsco Sales Increase 12.7% in 1Q Read More »
Watsco announced in March that it was spending $291 million to add Temperature Equipment Corp. to its portfolio.
Watsco Completes Acquisition of Chicago Distributor Read More »
Watsco will expand into the Midwest with the addition of a $291 million HVAC distributor.
Watsco to Acquire Chicago-Based HVAC Distributor Read More »
Miami-based HVACR distribution giant Watsco sees 2021 as optimal for ramping up existing growth drivers in hopes of continuing at its record-setting pace.
Watsco’s Outlook: More M&A, Customer Focus, Tech Investment Read More »
For the fourth quarter, sales were up 7.7% from same period in 2019 as company posted profit growth for both the quarter and the full year.
Watsco Sales Increase 6% in 2020 Read More »
Year-to-date sales grow 5.5% from same period in 2019 as company posts profit growth for both the quarter and the first nine months of 2020.
Watsco Sales Increase 10.2% in 3Q Read More »